Prior to the days of the internet and big search engines like Google, consumers learned of local businesses by way of direct mail, advertisements in the local yellow pages, word of mouth and reviews in newspapers. These days, however, the internet has opened multiple new channels for consumers to not only learn about companies, but to interact and influence a business's reputation with online reviews.
Regardless of whether the business is a small or a big one, it is very important that it ranks highly within a certain market segment. Local SEO landing pages are commonly used to help businesses increase their rankings within a given area or locality. This helps to reach out and gain access to potential clients/customers within a given geographical area.
The Big Question Every Company Asks Themselves: How Much Profit Are We Making Off Each Customer?
This answer is so important because it determines the fate of the business currently, as well as what profits need to be made in order to allow the company to expand in the future. That is why the Customer Lifetime Value (CLV) is the single most important metric in making financial business decisions regarding Marketing, Sales, Product Development, and Customer Support. As we go more into depth on these topics, you will be able to answer these following questions on each of these areas the business standpoint.
Customer Acquisition Cost is THE Main Metric In Determining The Success Of Your Company
Customer Acquisition Cost: example, calculation, result, and how to improve it all here and simplified for you.
Traditionally, a company had to intrigue viewers with an abrupt style of advertising, and from there they would find methods to track consumers through the decision-making process.
Receiving hundreds or thousands of likes on Facebook is exciting, right? Other things such as an increase in web page views or comments on your blog post are also positive, right? While these are definitely good in terms of feedback for your marketing team, but these are most likely not what your boss actually cares about or wants to waste time discussing.